New tax regime fundamentally flawed’ – Ndume tackles Akpabio
Borno South Senator Ali Ndume has challenged Senate President Godswill Akpabio’s assurance that the new tax law is unaltered, describing the legislation as fundamentally flawed. Ndume raised concerns over discrepancies between at least two different Gazette versions of the law, highlighting that the version passed by the National Assembly differs from the one signed by […]
Ex-minister Kemi Adeosun Backs Tax Reforms
Former Minister of Finance, Kemi Adeosun, has expressed support for the federal government’s ongoing tax reform efforts. She said the reforms are important for strengthening Nigeria’s economy and improving how government raises revenue without relying too heavily on borrowing. Adeosun explained that Nigeria needs a fair and efficient tax system that encourages compliance while reducing […]
Tax reform laws: Osun group urges FG to reconsider kick-off date
A civil society group in Osun State has asked the Federal Government to reconsider the planned start date for the new tax reform laws. The group said the timeline is too short and could create confusion for businesses, workers, and state agencies that are still trying to understand the changes. According to the group, many […]
Why implementing new tax laws by January 1 is necessary – Oyedele
Tax expert, Oyedele, has emphasized the importance of implementing new tax laws by January 1, 2026. According to him, timely enforcement ensures smooth revenue collection, prevents legal confusion, and allows businesses to plan effectively for the fiscal year. Delays in rolling out tax laws, he said, can lead to administrative bottlenecks and reduce government revenue. […]
Mahdi Shehu praises Tinubu for halting ADC promotion, urges withdrawal of new tax reform
Mahdi Shehu has praised President Bola Tinubu for intervening to stop the controversial ADC promotion in the military. Shehu described the move as a step in the right direction, emphasizing that military promotions should follow established norms and regulations. The commentator also called on the federal government to withdraw the recently proposed tax reform. He […]
AMAC Poll: SDP chairmanship candidate to stop double taxation
The Social Democratic Party (SDP) chairmanship candidate for the upcoming Abuja Municipal Area Council (AMAC) elections has promised to tackle the issue of double taxation if elected. He emphasized that residents and businesses should not be overburdened by repeated tax charges. Speaking at a campaign rally, the candidate said that ending double taxation will encourage […]
5% fuel surcharge was introduced in 2007 and not by Tinubu’s government — Chairman of tax reform committee Taiwo Oyedele
Taiwo Oyedele, head of Nigeria’s Presidential Committee on Fiscal Policy and Tax Reforms, has said that the 5% fuel surcharge was not introduced by President Bola Tinubu’s government. The levy has actually been in place since 2007. He explained on Channels Television that the law was not enforced earlier because the government was still subsidising […]
Fuel tax not starting in January 2026 but on a later date – Tax Reform Chairman, Taiwo Oyedele
The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has said that the proposed N500 tax on every N10,000 worth of fuel will not begin in January 2026 as many people believe. He explained that the actual start date will be announced later by the Minister of Finance. Many Nigerians have already condemned the […]
Amendment of 1999 Constitution, tax reform bills on course – Senate Leader Bamidele
The Nigerian Senate will soon begin full discussions on the 2024 Tax Reform Bills and continue its review of the 1999 Constitution, according to Senate Leader Opeyemi Bamidele. Bamidele said the Senate will look into all public concerns about the tax bills right after the Eid and Easter holidays. He promised that the upper chamber […]
Tax reform: Give me law that is workable —Tinubu tells Nigerian Senate
President Bola Tinubu has called on the Nigerian Senate to ensure that the tax reform bills under review become practical and effective laws. He made this request four months after sending the bills to the National Assembly for approval. During a public hearing in Abuja on February 24, the Senate Committee on Finance discussed the […]